Energy
Driven by technological innovation, America is in the midst of an energy revolution that will help meet the world’s growing demand for energy while reducing emissions. This innovation has propelled the U.S. to become the world’s largest oil and natural gas producer—done under the strictest environmental standards. Our growing renewable energy industry and nuclear industries hold great promise to produce more emissions-free electricity, even while more work lies ahead developing the technologies of tomorrow that promise to decarbonize our economy without sacrificing reliability or affordability. American energy has spawned a manufacturing renaissance, which has created trade opportunities and transformed our economy.
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Our Work
The U.S. Chamber’s Global Energy Institute is playing a leading role in the fight to modernize our energy infrastructure, including pipelines, transmission lines, and other facilities needed to meet growing energy demands. Rather than artificial policy constraints through canceled projects and mandates, the Chamber supports efforts to reduce the environmental footprint of energy production and is working on bipartisan solutions to allow the U.S. to maintain its competitive edge and utilize our abundant energy resources.
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As energy prices and the cost of inflation rise, the Biden Administration can help control rising energy prices by expanding U.S. energy production.
In response to today’s final CEQ rulemaking reversing 2020 NEPA updates Marty Durbin, Senior Vice President of Policy at the U.S. Chamber of Commerce issued the following statement.
Proposals from Congress for a windfall profits tax on oil companies during the most recent rise in global oil prices is a misguided policy. The premise that a higher tax on oil companies would reduce gasoline prices for American consumers defies the laws of economics and history.
The global reliance on authoritarian regimes for oil and natural gas threatens security. U.S. energy production could help supplant oil and gas from these nations and also be a net positive for the environment given its lower emissions profile.
In response to President Biden’s plans to combat high gas prices, U.S. Chamber Global Energy Institute President Marty Durbin issued the following statement.
